Lawfuel.com – March 14, 2014 | Skadden, Arps, Slate, Meagher & Flom LLP | Thomas J. Allingham II, Christopher M. Foulds, Jessica Raatz Kunz, Joseph O. Larkin In a landmark decision issued this morning, the Delaware Supreme Court held for the first time in Kahn v. M&F Worldwide Corp. that the deferential business judgment […]
New Standard of Review for Controlling Stockholder Going-Private Mergers Read More »
New York – Global alternative asset manager The Carlyle Group (NASDAQ: CG), together with affiliates of Louis M. Bacon, the founder, Chairman, Chief Executive Officer and principal investment manager of Moore Capital Management, LP, have agreed to acquire a majority interest in the Traxys Group, a physical metals and minerals commodity merchant, logistics and trading
Debevoise Act on Acquisition of Traxys Group By The Carlyle Group and Louis Bacon Read More »
Changing the traditional law firm model is something that is working with great success in Australia and the United Kingdom. The United States is much slower to grapple with the issue of introducing outside investment into law firms, but new law firm models continue to arise. The story of non-lawyer investment in the United
Forget Old Law Firm Models – Try These New Ones Instead Read More »
Finding the perfect lawyer for your case can be tricky, but you’ll be handing over a lot of responsibility and a great deal of money, so picking the right attorney is important. Here are 8 pointers to help you get started. 1. Look for Referrals One good way to get started when you are looking
Preet Bharara, the United States Attorney for the Southern District of New York, announced that CRAIG B. HABER, a former partner of a global accounting firm, was sentenced today in Manhattan federal court to 54 months in prison for stealing nearly $4 million in client payments intended for the accounting firm. HABER pled guilty in
Davis Polk advised Temasek in connection with its affiliate’s investment in Series B preferred shares of TutorGroup Holding. Affiliates of Alibaba Group, the China-based e-commerce company, and Qiming Venture Partners, a China-based venture capital fund, also participated in this round of financing. The aggregate investment size for this Series B round was close to
Davis Polk Advise on China e-Commerce Investment Deal Read More »
Lawfuel.com – US Law News Daily – Preet Bharara, the United States Attorney for the Southern District of New York, announced that ROBERT KELLY, the Chief Executive Officer of Wwebnet, Inc. (“Wwebnet”), a software development company, pled guilty today in Manhattan federal court to securities and wire fraud charges. KELLY diverted for his own personal
Software Company CEO Pleads Guilty to $2 Million Securities Fraud Read More »
LawFuel.com – The Rosen Law Firm, P.A. announces a class action has been filed on behalf of purchasers of Envivio, Inc. (Nasdaq:ENVI) securities between April 25, 2012 and September 6, 2012, inclusive for violations of the federal securities laws. To join the Envivio class action, visit the firm’s website at http://rosenlegal.com, or call Phillip Kim,
Law Firm Announces Class Action For Envivio Inc Purchasers Read More »
New York, March 10, 2014 – Debevoise & Plimpton LLP is advising Johnson & Johnson in a definitive agreement by J&J subsidiary McNEIL-PPC, Inc. to sell the global rights to the K-Y brand, a leader in intimate lubricants, to Reckitt Benckiser Group PLC (“RB”). The transaction is subject to customary regulatory approvals and
Law Firm in Intimate Lubricant Deal – Johnson & Johnson Sell K-Y Brand Read More »
Davis Polk Financial Institutions Group associate Reuben Grinberg was recently interviewed on Bloomberg Television’s “Street Smart.” In “Bitcoin Needs Regulations to Succeed,” Grinberg discusses the evolution of Bitcoin and whether it is here to stay. See the link here (text below) Read Grinberg’s latest Bitcoin post on Davis Polk’s Capital and Prudential Standards Blog:
Davis Polk’s Reuben Grinberg Discusses Bitcoin on Bloombergs Read More »
